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Author Topic: Easy way to explain and teach Bitcoin  (Read 3465 times)
gaby0312
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February 27, 2018, 05:10:29 PM
 #261

Well, that's a great explanation for children. But I think that they will fast get annoyed and you might lose their attention. So I suggest to show them some videos on Youtube for example, which might look like funnier.
Ayaancool
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February 27, 2018, 05:19:14 PM
 #262

Basically, explain bitcoin is not at all easy. If they are teenagers and youngsters we can explain detailed and teach them with the help of comparing crypto value chart. And introduce crypto as a compulsory subject to the teenagers to spread information about this amazing investment option.
FRJ
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February 27, 2018, 05:28:04 PM
 #263

I never feel that there is any need of teaching a 7 year old child about bitcoin.But,if you want so, you must keep in your mind that you will only explain simply to him what bitcoin actually is.Like in a word,bitcoin is a digital currency which can be used through the help of Internet. Then you can teach the value of saving giving example of bitcoin.I think that would be enough.

Glutius
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February 27, 2018, 05:28:31 PM
 #264

7-year-old child of course too early to know about bitcoins and cryptocurrency ,as it has no need to earn money. But you can try to teach this to teenagers, it will be more important for them, although again, they do not have their own funds for investment...

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February 27, 2018, 05:29:41 PM
 #265

Best teacher or teaching method is our self-experience. Give them the basic information about bitcoin and other cryptos. And force them to experience this investment. If they gain something from this then they will never step back from this crypto investment.
arthur25
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February 27, 2018, 05:32:21 PM
 #266

Wow to that! It is a new way of easy approach to introduce bitcoin to a child. It looks like very compact detail in a simple manner of discussion that at the end it shows the owner and author of robot "bitcoin." Nice.
Kambal2000
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February 27, 2018, 05:32:46 PM
 #267

Best teacher or teaching method is our self-experience. Give them the basic information about bitcoin and other cryptos. And force them to experience this investment. If they gain something from this then they will never step back from this crypto investment.
Honestly, I did find bitcoin as hard to understand during those months that I am still newbie and just exploring things out, it is just that I love what I am doing, exploring net and making research and the possibility that my life will change because of this and no matter what I don't know what Economics means and digital currency I push myself and won't let myself not to know this one until step by step I have learned and sharing my knowledge with my friends as well.

rtm125
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February 27, 2018, 05:50:12 PM
 #268

I think that teaching seven-year-olds bitcoin is just a PR move to attract attention. But in fact, your method may well be useful for people who can not understand how bitcoin works. For example, elderly people.

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Soots
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February 27, 2018, 06:38:02 PM
 #269

For me the easy way to explain and teach Bitcoin to someone is to get their interest first, to do that you have to show them first what you already got from it. It will also be a proof that it is real, make they feel excited to know more about it because they also want something for themselves. It's easier once you ignited their interest.

Exactly, those interested and open minded about bitcoin. Well, I met those people didn't believe in bitcoin at first but eventually after we have a money they believe it and some of them didn't believe due to their pride and saying negative thoughts about bitcoin. All what I do as of this time, I entertained those people that are interested but those are didn't interested ,I'll just ignore them and just let them see my way of living changing as time goes by.
grabpopcorn536
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February 27, 2018, 07:08:37 PM
 #270

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
There are many ways to teach others about Bitcoin as telling them to start participating in virtual currency investments in areas such as market analysis, volatile monitoring, and so on. Besides, we can mention showing them how to join so they have an investment experience and know more about Bitcoin.

IamHigh
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February 27, 2018, 07:27:01 PM
 #271

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.
There are many ways to teach others about Bitcoin as telling them to start participating in virtual currency investments in areas such as market analysis, volatile monitoring, and so on. Besides, we can mention showing them how to join so they have an investment experience and know more about Bitcoin.

I explain blockchain's importance first and then the rest is becoming easier for them. Try this as well, it works to explain bitcoin.
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February 27, 2018, 09:50:06 PM
 #272

For children it's hard to get their attention because they love pyramid or mummy games, in order to get their attention in teaching them bitcoin can show a video how bitcoin works and they will watch at the same time they too understand bitcoin rather than just listening to me but children at the age of seven are not the time to engage in bitcoin until they are teenagers later. Cool
Vendetta666
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February 27, 2018, 09:59:27 PM
 #273

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote] It's easy to point out the bitcoin, especially if you want to teach it so easy to remember or gets what you are teaching because when the person you are teaching is not interested, it will definitely not come to her mind and that it will not cure your teachings. so when who needed to teach a person there is need for determination and eagerness to learn.
laracastvue
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February 27, 2018, 10:02:40 PM
 #274

[https://medium.com/bitcoins-digital-currency/how-to-explain-bitcoin-to-a-7-year-old-a9a8c094feaf]
How to Explain Bitcoin to a 7-Year-Old
Quote
I’ve been explaining how Bitcoins work since 2010. Here is the simplest analogy I’ve discovered that explains transactions, anonymity, and coin production.

There’s a room that anyone can access. The room has security cameras that anyone can view, and every second of recorded footage is available online forever.

The room is filled with indestructible piggy banks made of transparent plastic. Naturally, these piggy banks have coin slots, and everyone can see which coins are in which piggy bank. These piggy banks can never leave the room.

Each person has a key that can open their piggy bank. Let’s say I want to buy a pair of alpaca socks, and you want to sell them.

First, you tell me which piggy bank is yours. Then, I walk into the room with a ski mask on. Anyone in the world can see me on the security cameras, but not my face.

Next, I unlock my piggy bank, take some coins out, then put them into your locked piggy bank. I leave the room.

Now, everyone in the world knows that your piggy bank has coins that were previously in my piggy bank. This is the case with every transaction, so everyone knows the history of every coin.

“So where do the coins come from? How did it start? Who got the first coins?”

There’s a robot in the room that runs lotteries. Every so often, this robot randomly chooses a piggy bank in the room, and puts 50 coins in it. When it first started, there weren’t many piggy banks in the room since nobody knew about it. Back then, it was easy to win the lottery. Today, there are millions of piggy banks in the room, so your odds aren’t very good.

“Ok, couldn’t someone make their own fake coins?”

No, because everyone has records of every coin in the room, and they know when the robot hands new coins out. If a fraud were to put fake coins into his own piggy bank, everyone would know that those coins were never handed out by the robot, and wouldn’t accept them.

“Who made the robot..?”

Supposedly it was a super genius Japanese man named Satoshi Nakamoto, but nobody knows for certain. Since the security camera footage is available from 2009, we can see that the robot was putting coins into a piggy bank since day 1. We assume it’s Satoshi, but that’s about all we know.

“… Crazy.”
From Tony Diepenbrock IV on medium.

Or you can also watch this excellent video:
bitcoin 101: https://youtu.be/Bhe61JaNFLU
[/quote]

7 years old does not really like to listen on a very hard things to understand and in order to know more about cryptocurrency then you need to have a deep understanding about block chain so there is no way for a 7 years old to understand the concept of block chain and marketing.
Webetcoins
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February 28, 2018, 09:58:33 AM
 #275

If you are going to teach it with the child who is 7 year old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who are very curious but only few.

I do not understand that what is the need of teaching a 7 year old about bitcoins. By the time he will reach 20-25 and start earning, bitcoin might have disappeared.
The main reason why bitcoin should be teach to the children is that in this age children got very sharp mind they can easily get whatever you will teach them. Even child expert says the age of 7 is he age when children can learn more than 7 languages, so in short if you will teach them bitcoin at this time they will easily get your concept of bitcoin and in future will be able to invest or use bitcoin to earn money. So they will be able to afford their own expenses so teach them and tell them the easy way of getting money through bitcoin,

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sudah_wisuda
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February 28, 2018, 10:07:43 AM
 #276

If you are going to teach it to the child who is 7 years old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who is very curious but only few.
But if I think 7-year-olds are too early to teach Bitcoin. I know age does not preclude learning Bitcoin. But should the child of that age let him enjoy first periods of play with his friends?
mersal
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February 28, 2018, 10:12:28 AM
 #277

If you are going to teach it to the child who is 7 years old, you are going to use the word that can easily understand or comprehend them, but it really depends on the child if the child is not interested they will not easily understand it coz we all know that age is not the age that a child will give time to understand it. There is a child who is very curious but only few.
But if I think 7-year-olds are too early to teach Bitcoin. I know age does not preclude learning Bitcoin. But should the child of that age let him enjoy first periods of play with his friends?

But we need to teach bitcoin to the children in their early stage gives them a clarity and a hope about bitcoin in their mind it will tune their future in good way to earn easily with theur knowledge about crypto currencies ,all are not intelligent in our world that's why we teach in child level they understand about bitcoin in future .
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February 28, 2018, 02:47:09 PM
 #278

take some examples which could be understood by the children of age 7 years. use videos or graphics to teach them as children are found of animation and photos. relate it with their daily life activities which are very easy to understand by them.
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February 28, 2018, 02:52:12 PM
 #279

I think it's best to explain it easy at first and then let them experiment with it. Maybe watch a short video first.

Tell them also WHY it's going up in value and don't focus too much on the code and all

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February 28, 2018, 03:14:58 PM
 #280

To improve the bitcoin of knowledge it is necessary to participate in our forum to keep abreast of all the news and then you will not need to climb different guglam and yandex to get information.
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